Summary of the project Individual saving programme for low-income non-bankable people – amongst them Roma and young grown-ups of state care institutions. The goal of the savings is to improve the housing situation of the clients. The savings of the clients will be matched with a grant (based on IDA methodology). Clients are also eligible to take a loan to achieve their asset goals. Counselling and family care, practical financial training, as well as technical advice and support for the renovations with special attention to energy saving solutions are provided for the participants in the project. Local governments are to be partner and share the risk of the loan capital given away in the settlements.
Results or expected results:
Significant improvement in the living conditions and increased awareness and understanding of financial issues to stabilize household budgets of low-income clients and prevent dependence from usurers.
The objective of the program is to implement a program which
Expected results of the program
Complementary project goal is to adapt the CAF methodology studied in Barcelona, Spain
The overall objectives of the program are:
1. To ensure that
2. To design and pilot a model of social intervention which could be developed into an efficient social policy methodology, that could be promoted to get government or EU funding to be scaled-up and adopted on national level.
|Sourcing||300 000 USD|